What a strange Golden Age - U.S. Foreclosure Filings Spike 18%: Delaware, South Carolina, and Florida Top the List

[ck4829]

Foreclosure filings climbed in April, with Delaware, South Carolina, and Florida emerging as the nation's primary hot spots for distressed property activity.

Across the U.S., foreclosure rates are up 18% from a year ago, according to the latest data from ATTOM. And in the last month, there were a total of 42,430 U.S. properties with foreclosure filings. The total includes default notices, scheduled auctions, and bank repossessions. While that might seem high, it's down 8% from March.

Meanwhile, foreclosure starts were up 12% from a year ago, while completed foreclosures increased 42%.

"Foreclosure activity continued its gradual trend higher in April, with both foreclosure starts and completed foreclosures posting annual gains," said Rob Barber, CEO of ATTOM.

https://www.realtor.com/news/trends/foreclosures-rise-april-2026-attom-report/

[Midnight Writer]

1. Fire sale for the rich.

The economic pressure on common folks is intentional.

This is like a western where the rich cattle baron poisons the stock of the sheepherders so he can buy their land cheap. Or the melodrama where the landlord makes their property unlivable so the tenants move out and they can rent the apartment to wealthier people.

The filthy rich want to own it all, and they want to buy it at a discount price.